VEREIT® Announces Fourth Quarter and Full Year 2020 Operating Results
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VEREIT (VER) Misses Q4 EPS by 43c, Revenues Miss
February 24, 2021 6:17 AM ESTVEREIT (NYSE: VER) reported Q4 EPS of ($0.21), $0.43 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $287.91 million versus the consensus estimate of $288.12 million.
2020 Financial and Operating Highlights
Net income of $201.2 million and net income per diluted share of $0.72Achieved $3.11 AFFO per diluted shareRent collection of 98% for the fourth quarterInvested over $1.0 billion of capital, including approximately $280.0... More